- Home
- Government
- Departments
- Finance
- Taxes and Fees
Taxes and Fees
Sales Tax Rate (Retailers & Service Occupation Taxes)
Tax Type | Tax Rate |
Village Home Rule Sales Tax | 1.25% |
Regional Transportation Authority | 0.75% |
State of Illinois | 6.25% |
Total | 8.25% |
Property Tax Rate
Category | 2013 | 2014 | 2015 | 2016 | 2017 |
Corporate | 0.5635 | 0.5681 | 0.5451 | 0.5184 | 0.5063 |
*Property tax rate per $100 of Equalized Assessed Value
Locally Collected Taxes
Tax Type | Rate |
Food & Beverage Tax (includes packaged liquor) | 1.50% |
Hotel Tax | 6.00% |
Real Estate Transfer Tax | $3.00 per $1,000 of selling price |
Utility Taxes (collected by your utility provider)
Electricity Tax
For the first 2,000 kilowatt hours used or consumed in a month: 0.552 cents per kilowatt hour;
For the next 48,000 kilowatt hours used or consumed in a month: 0.366 cents per kilowatt hour;
For the next 50,000 kilowatt hours used or consumed in a month: 0.364 cents per kilowatt hour;
For the next 400,000 kilowatt hours used or consumed in a month: 0.350 cents per kilowatt hour;
For the next 500,000 kilowatt hours used or consumed in a month: 0.340 cents per kilowatt hour;
For the next 2,000,000 kilowatt hours used or consumed in a month: 0.329 cents per kilowatt hour;
For the next 2,000,000 kilowatt hours used or consumed in a month: 0.317 cents per kilowatt hour;
For the next 5,000,000 kilowatt hours used or consumed in a month: 0.240 cents per kilowatt hour;
For the next 10,000,000 kilowatt hours used or consumed in a month: 0.170 cents per kilowatt hour;
For all electricity used or consumed in excess of 20,000,000 kilowatt hours in a month: 0.080 cents per kilowatt hour.
Telecommunications tax: 6.00%
Natural Gas Utility Tax: $0.02 per therm
Cable Franchise Fee: 5% with 1% PEG fee